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Thursday, October 28, 2010

Technical View on Nifty for 29th Oct., Friday

Nifty future closed below its psychological level of 6000 on the expiry day of October. Last trading session nifty future was highly volatile and up side resistance for nifty future is 6101/6180 and support for nifty 5945/5900 . If nifty sustains below 6000 level we can see more correction in it till 5900.





Bank nifty future closed near to its support level. If it sustains below 12085 level we can see some more correction in it . Up side resistance for bank nifty is 12318/13461 and support is 12085/12925.

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